Mayville Engineering Company MEC
NYSE MEC
$15.09 -1.23 (-7.57%)
As of: Sep 30, 2026 · 3:59 PM EDT

Mayville Engineering Company (MEC) Operating Margin (2018 - 2026)

Updated

Mayville Engineering Company's Operating Margin came in at 0.24% for Q2 2026, up 0.18 percentage points from 0.06% a year earlier and up 5.55 percentage points from the prior quarter.

Analysis

Mayville Engineering Company (MEC) Operating Margin (2018 - 2026) Analysis & Trends

Over the trailing twelve months to Jun 30, 2026, Mayville Engineering Company reported Operating Margin of -2.18%, down 7.98 percentage points year-over-year; for FY2025, it was -0.70%, down 8.36 percentage points from FY2024.

  • Operating Margin carries a five-year change of +1.11 percentage points (FY2020 to FY2025).
  • Going back by year, Operating Margin was 7.66% in FY2024 (+4.23 pp), 3.43% in FY2023 (-1.35 pp), 4.78% in FY2022 (+6.40 pp) and -1.63% in FY2021 (+0.19 pp).
  • The Q2 2026 figure represents the highest quarterly Operating Margin since Q1 2025.
  • Year-over-year, Operating Margin increased in three of the last eight quarters, with an average year-over-year change of -3.28 percentage points.
  • The fastest year-over-year change in Operating Margin over five years came in Q4 2022 (a gain of 17.34 percentage points), and the weakest in Q4 2025 (a drop of 23.13 percentage points).
  • Business Quant data shows MEC's Operating Margin at -5.31% (Q1 2026), -4.13% (Q4 2025) and 0.03% (Q3 2025) in the three quarters before Q2 2026.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Caterpillar 380.10 Bn 351.79 Bn 7.76 Bn 20.91%
2 Amphenol 208.03 Bn 202.73 Bn 3.55 Bn 29.51%
3 Deere 183.47 Bn 192.23 Bn 4.66 Bn 14.72%
4 Eaton 168.26 Bn 165.49 Bn 2.86 Bn 16.32%
5 Parker-Hannifin 122.34 Bn 120.47 Bn 2.25 Bn 23.86%
6 Vertiv Holdings 95.63 Bn 86.25 Bn 1.23 Bn 19.48%
7 Emerson Electric 87.72 Bn 80.47 Bn 2.66 Bn 26.92%
8 3M 86.87 Bn 68.33 Bn 2.68 Bn 15.14%
9 Illinois Tool Works 76.08 Bn 72.64 Bn 1.90 Bn 26.67%
10 Mayville Engineering Company 416.93 Mn 409.94 Mn 17.70 Mn 0.24%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 0.24%
Mar 31, 2026 -5.31%
Dec 31, 2025 -4.13%
Sep 30, 2025 0.03%
Jun 30, 2025 0.06%
Mar 31, 2025 1.16%
Dec 31, 2024 19.00%
Sep 30, 2024 4.23%
Jun 30, 2024 4.98%
Mar 31, 2024 4.73%
Dec 31, 2023 3.60%
Sep 30, 2023 3.72%
Jun 30, 2023 3.07%
Mar 31, 2023 3.27%
Dec 31, 2022 2.18%
Sep 30, 2022 6.54%
Jun 30, 2022 6.14%
Mar 31, 2022 4.08%
Dec 31, 2021 -15.16%
Sep 30, 2021 0.79%
API Access

Mayville Engineering Company Operating Margin API

Pull this series into your own models, spreadsheets and apps with the Business Quant Historical Metrics API. The request below matches the chart above — change the frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.

https://data.businessquant.com/historic?slug=operating-margin&ticker=MEC&period=max&api_key=YOUR_API_KEY